Common use of New Lenders Clause in Contracts

New Lenders. Each New Revolving Loan Lender acknowledges and agrees that upon its execution of this Agreement that such New Revolving Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.

Appears in 3 contracts

Samples: Joinder Agreement (TerraForm Power, Inc.), Credit and Guaranty Agreement (General Growth Properties, Inc.), Credit and Guaranty Agreement (Carter William Co /Ga/)

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New Lenders. Each New Revolving Loan Lender acknowledges and agrees that upon its execution of this Agreement that and the making of New [Term][Revolving] Loans, such New Revolving Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Loan Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunderthereunder.]20 20 Insert bracketed language if the lending institution is not already a Lender.

Appears in 1 contract

Samples: Credit Agreement (Engility Holdings, Inc.)

New Lenders. Each New Revolving Loan Lender acknowledges and agrees that upon its execution of this Agreement that such New Revolving Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Loan Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.thereunder.]1

Appears in 1 contract

Samples: Credit Agreement (CNO Financial Group, Inc.)

New Lenders. Each New Revolving Loan Lender acknowledges and agrees that upon its execution of this Agreement that such New Revolving Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Loan Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.thereunder.]26

Appears in 1 contract

Samples: Revolving Credit Agreement (Spansion Inc.)

New Lenders. Each New Revolving Loan Lender acknowledges and agrees that upon its execution of this Agreement and the making of New Revolving Loans Series [ ] New Revolving Loans that such New Revolving Loan Lender shall become a “Lender” under, and for all purposes of, the ABL Credit Agreement and the other Credit Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.thereunder.](1)

Appears in 1 contract

Samples: Credit Agreement (Dollar General Corp)

New Lenders. (a) Each Initial New Revolving Loan Lender acknowledges and agrees that that, upon (i) its execution of this Agreement that and (ii) receipt by it of the fee set forth in paragraph 1(a) hereof, such Initial New Revolving Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.

Appears in 1 contract

Samples: Joinder Agreement (Education Management Corporation)

New Lenders. Each New Revolving Loan Lender acknowledges and agrees that upon its execution of this Agreement that and the making of New Term Loans or Dollar Revolving Loans, such New Revolving Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Loan Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.thereunder.](2)

Appears in 1 contract

Samples: Credit Agreement (Wesco Aircraft Holdings, Inc)

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New Lenders. Each New Revolving Loan Lender acknowledges and agrees that upon its execution of this Agreement that such New Revolving Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Loan Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.thereunder.]23

Appears in 1 contract

Samples: Credit Agreement (Employers Holdings, Inc.)

New Lenders. Each New Revolving Loan Lender (other than any New Revolving Loan Lender that, immediately prior to the execution of this Agreement, is a "Lender" under the Credit Agreement) acknowledges and agrees that upon its execution of this Agreement its New Revolving Loan Commitments shall be effective and that such New Revolving Loan Lender shall become a "Lender" under, and for all purposes of, the Credit Agreement and the other Credit Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.

Appears in 1 contract

Samples: Joinder Agreement (Valeant Pharmaceuticals International, Inc.)

New Lenders. Each New Revolving Loan Lender (other than any New Revolving Loan Lender that, immediately prior to the execution of this Agreement, is a “Lender” under the Credit Agreement) acknowledges and agrees that upon its execution of this Agreement its New Revolving Loan Commitments shall be effective and that such New Revolving Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.

Appears in 1 contract

Samples: Joinder Agreement (Valeant Pharmaceuticals International, Inc.)

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